BRIEF-Baofeng Group adjusts share private placement plan
Jan 20 (Reuters) - Baofeng Group Co Ltd * Says it adjusts share private placement, to raise up to 1.8 billion yuan ($261.82 million) from up to 2 billion yuan previously Source text in Chinese: http://bit.ly/2jfGE8z Further company coverage: ($1 = 6.8750 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)